Rabigh IPP

OVERVIEW

The Rabigh IPP Project is a land mark project in the Middle East showcasing Chinese technology and an important integral part of the strategic and economic relationship between Saudi Arabia and China. It is also the first IPP in Saudi Arabia without a guarantee from the Ministry of Finance. 

KEY FACTS

  • LOCATION
    Rabigh, Western Saudi Arabia
  • OFFTAKER
    Saudi Electricity Company
  • FUEL
    Heavy Fuel Oil
  • POWER
    1,204 MW
  • CONFIGURATION
    Steam Turbines
  • PROJECT COST
    USD 2,506 Mn
  • COMMERCIAL OPERATIONAL DATE
    Q2 2013
  • ACWA POWER SHARE
    40.0%
  • OTHER INVESTORS
    KEPCO, SEC
  • CONTRACT TYPE & TERM
    PPA-BOO 20 years
  • O&M
    ROMCO (Joint venture of KWEPCO and NOMAC)
  • EPC
    SEPCO III + Dongfang Consortium
  • PROJECT COMPANY
    Rabigh Electricity Company ("RABEC")